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Inconsequential is a mutable state of being. Governments are probably worried about what "consequential" looks like. And they could be coming from a benevolen
by mywittyname 6y ago
Inconsequential is a mutable state of being.
Governments are probably worried about what "consequential" looks like. And they could be coming from a benevolent point of view (might be used to aid in the commission of a crime/evade taxes/etc), from a malevolent PoV (could be used to expatriate capital), or even from a position of ignorance, laziness, and/or position of weakness (we just don't want to deal with the BS, especially objections from large international trade partners).
The USA and China are powerful trading partners. If one of them says, "ban crypto," the smaller country is likely to comply.
- gruez 6y ago>The USA and China are powerful trading partners. If one of them says, "ban crypto," the smaller country is likely to comply. Ah because they've agreed on so many things in the past.
- mywittyname 6y agoI think you misunderstood my statement. What I mean is the USA and China force their laws on smaller trading partners. When the USA tells Vietnam that they need to pass certain IP laws as terms of a trade deal, VN passes those laws. To a degree, this also happens with larger partners, such as Germany, but it's really noticeable with the smaller ones.